Amherst is the ticket, best investment area in the city from what I have seen.

It will be from this effective Gross Revenue that you will deduct the operating expenses (property taxes, utilities, maintenance {but not capital improvement}, landscaping & snow removal, garbage collection, pest control, etc.) to arrive at your Net Operating Income (NOI).From your NOI, you would pay your debt service and any reserve contributions for future Capital Expenditures (the big-ticket items which are capitalized with the property: new roof, HVAC replacement, etc.).  

I’m definitely going to check out his Turn Key company when the Airlines start opening up flights. 

Thank you, but one more question I was wondering what capital expenditures include and how it is separate from maintenance repairsthanks againCapex is like the big-ticket stuff - think roof replacements or major system upgrades that improve the property's overall value and longevity.

The duplex is turn key, everything is new for the most part, only big ticket expense we're expecting is a new HVAC in the next 3-5 years.

If we were in a vacation destination or mostly saw week-long bookings, we'd have a stricter policy.I just know it's sucked for us, personally, when we've had to change plans do to something like a medical emergency or cancelled flights and we couldn't get a refund.

Cap ex (capital expenditures) are big ticket items that you will need to replace, such as a roof, HVAC, etc.

Do some research because there are certain things not everyone likes about DSTs - they can't raise new capital once the DST offering is closed, so big ticket repairs on props held in the trust can eat into returns, just like with any REI, but you don't have any control over how and when repairs etc are dealt with.

So to put eyes on property, figure in time away from work/family/etc. and also the cost of airplane tickets, hotels, etc. 

Note Expo ticket holder here, Looking forward to meeting the faces behind the posts :)